Forum Post: Corporate Board of Directors
Posted 13 years ago on Oct. 17, 2011, 11:15 a.m. EST by JimBingham
(15)
This content is user submitted and not an official statement
The Corporate Board of Directors own a lot of the blame. They approve the CEO Compensation that incentivates greed. Need to go to corporate annual meetings. Buy one share of stock and you are entitled to go.
Dear Occupy Wall Street
I believe that the protest needs a focus and one of the two major ones are jobs and the banks because the banks caused the world wide problems.
But when the Banks lobbied both this While House and the Bush While House that they were to big to fail and the government had to bail them out using taxpayer money the taxpayer got nothing back but the bill.
There was no JUSTICE, not one of the banks or mortgage companies that funded the loans and made millions and millions or dollars did a day in jail. Madof went to jail because the stole from the RICH the banks stole from Middle Class.
This should not have been a This should not have been a Democrat or Republic issues this should have been one of right vs. wrong and it was wrong of the Government to bail out the banks using taxpayer dollars and allow the banks to still foreclose on homes leaving children homeless all over the United States.
Both sides want money from Wall Street and the Banks and both sides sell the middle class down the river. Right now this Administration promised to hold the banks accountable and force them to refinance homes. Today only 600,000 homes out of 4 million are refinanced and nothing is done. Well Fargo is one of the biggest problems but because they support the White House Agenda nothing is done. Right now today the signs on Wall Street should say not one more home in the US to be foreclosed not one more child put on the streets.
Job yes we need jobs and Government needs to get out of the way of small business again they like the Middle Class are the ones that pay the bill for all the regulations.
Again GE received money from the US Taxpayer and where are they going to build there new electric care the US NO KOREA that where. The rule should be simple if you take money from the US people you keep JOB in the US. If you want tax brakes fine you get them if you hire in the US.
So Let make what we want clean Justice from the American Taxpayer Bank of America took money to bail our there bank and are still throwing American Children onto the streets but can pay 10 million dollars to a bank employee that was responsible for the fact the bank had to be bailed out in the first place. How many homes would that have paid off, how many mortgages could they have modified using that money.
That is the Greed
By the way the US government in the first depression held mortgages for over 50 years rather then have children be put on the Street why don't they step in now